- EUR/USD is trading in narrow range around 1.1245 and 1.11526 for the past two trading session .
- Overall trend is still weak as long as resistance 1.1250 holds. Any break above 1.1250 will take the pair to next target 1.1280/1.1330.
- On the downside major support is around 1.11500 and decline till 1.1085/1.1035 is possible if it breaks below that level.
- The minor support is around 1.11780.
It is good to sell on rallies around 1.1215 with SL around 1.1255 for the TP of 1.11200/1.1085
Resistance
R1- 1.125
R2-1.1280
R3- 1.1340
Support
S1-1.11780
S2-1.1150
S3-1.1085
